Yields increasing on longer term Treasurys

As of 9:22 am 11 November 2020, U.S. Treasury rates and Federal Funds rates are as follows:

3-month: .09%

6-month: .10%

12-month: .11%

2-year: .18%

10-year: .98%

30-year: 1.74%

Fed Funds Rate: 0.08%

Federal Reserve Target: 0.25%

Prime Rate: 3.25%

Source: Bloomberg

Major event in the United States

Treasury announces tax deduction for pass-through entities

Last Monday, the U.S. Department of the Treasury announced rule changes that clarify that State and local income taxes imposed on and paid by a pass-through entity are allowed as a deduction by the pass-through entity in computing its non-separately stated taxable income or loss for the taxable year of payment. 

Source: Treasury.gov

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